Business Magazine

Apple Reaches $700bn Market Cap

Posted on the 30 November 2014 by Phil's Stock World @philstockworld

Apple reaches $700bn market cap

By Andrew Wilkinson at International Brokers (originally published on Nov. 25) 

It only took a few minutes to rack-up 100,000 option contracts in early trading as Apple’s market cap surged to a record. The shares touched $119.75 valuing the company in excess of $700 billion. After 15-minutes of trading, option dealers had traded more than 200,000 contracts with the most commonly traded strike of 120.0 accounting for a little over one-quarter of total volume. Around 50,000 call options at the 120.0 strike have dominated trading compared to only 8,000 puts. Bearish plays attracted far less attention across the board as bullish sentiment was maintained. Option implied volatility is up by 4% to 22.6% on Apple options.    

Chart – Call option activity dominated as shares in Apple surged

Apple reaches $700bn market cap

 

 


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!

You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • How To Style Your Shorts in 10 Unique Ways

    Style Your Shorts Unique Ways

    Summers are here and they are in full swing, all we want to do is chill by the beach side. While all of us can’t hit the beach, yet we can definitely bring beac... Read more

    8 hours, 55 minutes ago by   Dreamtechie
    LIFESTYLE
  • Monday Miscellany: Shoes, Shows And Friends

    Monday Miscellany: Shoes, Shows Friends

    The last several weeks have been such a whirlwind of activity, so this weekend I’ve been giving myself the gift of some “down time.” Playing a bit of catch-up... Read more

    8 hours, 59 minutes ago by   Unefemme
    LIFESTYLE
  • Nine Steps to Using a Paddling Pool

    Nine Steps Using Paddling Pool

    Sometimes, you just gotta cool down. These last few days it's been really quite warm, so we've had the paddling pool out for my son to play in. Read more

    9 hours, 9 minutes ago by   Ravenswingthog
    DIARIES, SELF EXPRESSION
  • Catrice Long-lasting Waterproof Eye Pencil Review

    Catrice Long-lasting Waterproof Pencil Review

    Hey everyone, what’s up? An eye-pencil is a must have in your vanity. That’s why I love trying out new brands every now and then. Today, I’m going to review... Read more

    9 hours, 37 minutes ago by   Jhilmil D Saha
    HAIR & BEAUTY
  • The Edge

    Edge

    While vacationing at an Alaskan lodge during a photo shoot, a pragmatic, solitary billionaire (Anthony Hopkins)--with a steel trap mind when it comes to... Read more

    9 hours, 38 minutes ago by   Kaiser31083
    ENTERTAINMENT, MOVIES
  • Mike Philbin - Art - Twin Towers 1, 2 and 7

    Mike Philbin Twin Towers

    This most-recent tryptich has a title of "Twin Towers 1, 2 and 7", an obvious and unsubtle allusion to a) the twin towers or pillars of freemasonic egyptologica... Read more

    9 hours, 42 minutes ago by   Freeplanet
    DEBATE, SOCIETY
  • Find a Travel Buddy with Ease and Make Solo Traveling Even Better

    Find Travel Buddy with Ease Make Solo Traveling Even Better

    Traveling solo as a woman has so many advantages. You can go where you wish, keep to your own schedule and spend some times really getting to know yourself. Read more

    10 hours, 13 minutes ago by   Poundtravel
    TRAVEL

Paperblog Hot Topics

Magazines